Announcement on Proposed Winning Bid Project

*ST Yabo Co., Ltd.·June 9, 2026·3 pages

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Shandong Yabao Technology Co., Ltd. announces its subsidiary, Shandong Zhongfu Kai New Energy Technology Co., Ltd., is the primary candidate for the Tengzhou City Xigang Town 200MW/400MWh Energy Storage Power Station EPC General Contracting Project. The estimated bid price is RMB 194 million, representing 66.19% of the company's 2025 audited revenue. The project is expected to positively impact future performance, though final contract signing is uncertain.

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Securities Code: 002323 Securities Abbreviation: *ST Yabao Announcement No.: 2026-030

Shandong Yabao Technology Co., Ltd. Announcement on Proposed Winning Bid Project

The Company and all members of its Board of Directors guarantee the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Special Notice:

Whether the proposed winning bid project can ultimately obtain the "Bid Winning Notice" and sign the contract is still uncertain. The Company will fulfill its information disclosure obligations in a timely manner based on the project's subsequent progress. Investors are kindly reminded to pay attention to investment risks.
The proposed winning bid price is tentatively set at RMB 19.4 million, accounting for 66.19% of the Company's audited operating income for 2025. If the project is successfully implemented, it is expected to have a positive impact on the Company's future operating performance.

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